Property Rates in Eldeco II, Lucknow 2026

Property prices in Eldeco II have shown a clear upward trend throughout the first half of 2026. The micromarket rate increased from ₹6,850 per sq ft in March 2026 to ₹7,200 per sq ft in June 2026, following a steady climb from ₹6,550 per sq ft in December 2025. This consistent growth suggests a strengthening real estate market in the area, which may be of interest to both long-term investors and end-users looking for value appreciation.

Property rates in Eldeco II are positioned competitively when compared to surrounding areas in Lucknow. For instance, Mohanlalganj currently commands an average asking price of ₹9,050 per sq ft, having appreciated by 39.62% compared to previous periods. Meanwhile, Amar Shaheed Path is priced at ₹7,800 per sq ft (up 11%), and Sushant Golf City stands at ₹7,600 per sq ft (up 8.5%). These comparisons help buyers understand that Eldeco II offers a distinct price point within the broader Lucknow South real estate landscape.

As of June 2026, Ready To Move properties in Eldeco II are priced at an average of ₹5,550 per sq ft, while Under Construction projects are available at ₹5,350 per sq ft. Ready To Move units have seen a significant appreciation of 12.86% over the observed period, reflecting high demand for immediate occupancy. Conversely, Under Construction properties have experienced a depreciation of 13.61%, which may present a more accessible entry point for buyers willing to wait for project completion.

The most prominent projects in Eldeco II by listing rates include Rajvansh Residency at ₹6,000 per sq ft, which has seen a notable appreciation of 30.77%, and Crest Realcon Exotica at ₹5,400 per sq ft, which appreciated by 5.39%. Other notable projects include Kunti Apartments at ₹5,300 per sq ft (up 4.19%) and Eldeco Saksham at ₹5,350 per sq ft, which recorded a depreciation of 13.61% as of June 2026. These figures provide a snapshot of the varying price positioning and performance of key developments within the locality.

Rental rates across the micromarkets surrounding Eldeco II are currently quite uniform, with most areas such as Raebareli Road, Vrindavan Yojna, and Sultanpur Road commanding an average rental rate of ₹50 per sq ft as of June 2026. While the rate is stable in many locations, some areas show volatility; for example, rental rates in Raebareli Road have depreciated by 16.67%, whereas Arjunganj has seen an appreciation of 6.67% compared to previous periods. This consistency suggests a standardized rental market for residential properties in the immediate vicinity.

Investors looking at the rental market near Eldeco II should note that while the average rental rate is consistently ₹50 per sq ft across several hubs, the growth trends vary significantly by location. For instance, while Ghuswal Kalan has seen a rental appreciation of 5.56%, Husainganj has experienced a depreciation of 10.53% as of June 2026. Understanding these localized fluctuations is essential for landlords and investors to set competitive rents and manage expectations regarding potential rental income in the Lucknow South region.